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Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash Provided by (Used for) Operating Activities:    
Net Income $ 1,400 $ 1,446
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation 140 136
Amortization and impairment of intangible assets 69 66
Change in deferred income taxes (60) (87)
Provision for uncollectible accounts 3 1
(Income) loss from investments (5) (24)
(Gain) loss on sale of plant and equipment (1) 0
Stock-based compensation expense 33 27
Other non-cash items, net 1 7
(Increase) decrease in-    
Trade receivables (396) (300)
Inventories (374) (222)
Prepaid expenses and other assets (1) (20)
Increase (decrease) in-    
Accounts payable 124 80
Accrued expenses and other liabilities (27) 41
Income taxes (81) 13
Other, net (1) 0
Net cash provided by operating activities 824 1,164
Cash Provided by (Used for) Investing Activities:    
Acquisition of businesses (excluding cash and equivalents) (2) 0
Additions to plant and equipment (155) (146)
Proceeds from investments 7 30
Proceeds from sale of plant and equipment 5 3
Other, net (1) (1)
Net cash provided by (used for) investing activities (146) (114)
Cash Provided by (Used for) Financing Activities:    
Cash dividends paid (762) (721)
Issuance of common stock 17 42
Repurchases of common stock (750) (500)
Net proceeds from (repayments of) debt with original maturities of three months or less 635 0
Proceeds from debt with original maturities of more than three months 454 0
Repayments of debt with original maturities of more than three months (863) (350)
Other, net (15) (10)
Net cash provided by (used for) financing activities (1,284) (1,539)
Effect of Exchange Rate Changes on Cash and Equivalents (42) (17)
Cash and Equivalents:    
Increase (decrease) during the period (648) (506)
Beginning of period 1,527 2,564
End of period 879 2,058
Supplementary Cash Flow Information:    
Cash Paid During the Period for Interest 113 128
Cash Paid During the Period for Income Taxes, Net of Refunds $ 506 $ 355